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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Malaysia palm oil output set for steep drop after Sabah floods
Stakeholders plan symposium in Malaysia to reposition Nigeria’s palm oil production
15/07/2024 (Business Day) - Worried by the Nigeria dropped from being the largest palm oil producer in the world to the 5th position, the Incorporated Society of Planters (ISP), Africa chapter has planned a maiden symposium to be held in Malaysia.
CPO futures expected to trade lower next week amid rising output concern
14/07/2024 (New Straits Times), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a downside bias, given rising output expectation in the coming week, said palm oil trader David Ng.
FGV launches improved sustainability framework to help transform palm oil sector
14/07/2024 (New Straits Times), Kuala Lumpur - FGV Holdings Bhd has introduced its improved Sustainability Framework to support the nation's initiatives in transforming the palm oil industry and achieving broader sustainability objectives.
Malaysian delegation visits China to boost cooperation on palm oil exports
14/07/2024 (Bastille Post Global) - In a bid to promote Malaysian palm oil to Chinese businesses and consumers, an official from the Southeast Asian country's plantation authority led a delegation to China from July 8 to 12.
Domestic trade ministry foils attempt to smuggle 476kg of cooking oil to Thailand
14/07/2024 (New Straits Times), Tumpat - The Kelantan Domestic Trade and Cost of Living Ministry foiled an attempt to smuggle cooking oil in packets to Thailand with the seizure of 476kg yesterday.
Alor Pongsu sundry shop found imposing conditions to buy subsidised cooking oil
13/07/2024 (The Star), IPOH - In order to purchase the 1kg subsidised cooking oil packets, customers visiting a sundry shop in Alor Pongsu, Parit Buntar, have been required to buy other items first.
Positive outlook for plantation sector
Analysts are maintaining their “neutral” stance on the plantation sector, with pockets of positivity based on a projected increase in crude palm oil (CPO) stockpile in the second half of 2024 (2H24).
Palm oil stockpile up to 1.83 million tonnes in June
Malaysia’s total palm oil stocks increased by 4.35% to 1.83 million tonnes in June 2024 from 1.75 million tonnes in May 2024, according to the Malaysian Palm Oil Board (MPOB).
Malaysian palm oil futures up despite higher inventories
Malaysian palm oil futures settled higher on Thursday even as an industry regulator said inventories in June surged to a four-month high.
